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A choppy Thursday ended with the TSX slipping by only five points, but seeing the American indices decline. Wall Street continued to digest the U.S. Fed’s announcement of hiking interest rates by 0.25% later this month while most of the […]

To no one’s surprise on Wednesday, the Bank of Canada raised the key interest rate from 0.25% to 0.5%. However, markets surged after the U.S. Fed’s Jay Powell told Congress that he will raise rates by that same measure in […]

Tuesday extended Monday’s losses as Russia’s barbaric invasion of Ukraine raged on. The price of WTI crude oil soared over 10% to shatter $100 a barrel for the first time since 2014. Meanwhile, other asset classes sank. The S&P closed […]

As Russia was hammered by several new economic sanctions, stocks lacked direction and closed mixed on Monday, though off the session’s lows. The S&P finished -0.26%, the Nasdaq 0.41% after dipping in and out of the red, and the Dow […]

As Vladimir Putin’s Russian forces continued to attack Ukraine in an unjustified invasion, markets rallied for the second-straight day. On Friday, the S&P gained 2.24%, the Nasdaq 1.64% and the Dow 2.51% in its best day in 2022 as all […]

Markets plunged Thursday after Vladimir Putin deployed Russian forces to invade Ukraine. North American futures were deep in the red when they opened as many stocks plunged more than 3%. However, as the session wore on, traders rotated out of […]

Despite a promising rebound Wednesday morning, markets extended losses during the session as Russia’s invasion of Ukraine continued to weigh on investors’ minds. Add to this ongoing expectations of central banks imminently raising interest rates. The S&P closed -1.84%, the […]

Over the long weekend, Russia’s Vladimir Putin announced he would invade eastern Ukraine, which triggered a sell-off in world markets Tuesday. While North American futures were as down by as much as 3% overnight, Wall Street indices finished slightly better […]

Ongoing fears that Russia will invade Ukraine continued to drive markets lower on Friday. Add to this ongoing concerns that the U.S. Fed will soon hike interest rates. The S&P closed -0.72% (down 1.5% for the week), the Nasdaq -1.23% […]

Renewed fears of Russia invading Ukraine as well as ongoing concerns over rising interest rates triggered a steep sell-off Thursday. The S&P closed -2.12%, the Nasdaq -2.88% to below 13,800 and the Dow -1.78% in its worst day of 2022. […]

Wednesday markets were weak until the U.S. Fed released its latest minutes mid-afternoon. Markets didn’t bounce, but nearly climbed to break-even levels: the S&P 0.09%, the Nasdaq -0.11% and the Dow -0.15%. Staples, energy and travel names led the gainers, […]

Tuesday markets sharply rebounded on news that some Russian troops had retreated from the Ukrainian border as talks to avoid an invasion persist. Investors took the positive, though tentative news and shrugged off high producer prices in January to buy […]

World markets were volatile Monday as Russia continues to threaten to invade Ukraine. Add to that ongoing concerns over high inflation and rising interest rates, and Monday’s markets were choppy though they closed beyond sessions lows. The S&P finished -0.39%, […]

Just as markets were digesting hawkish comments from the St. Louis Fed calling for sharp rate hikes, signals of Russia about to invade Ukraine weighed on market sentiment. The result on Friday was the S&P closing -1.9%, the Nasdaq -2.78% […]

Markets on Thursday slid on new inflation figures that were higher than expected and the highest in 40 years. This stoked fears of the U.S. raising interest rates higher and faster in coming months. The U.S. 10-year yield leapt 5% […]

Stocks extended gains Wednesday as the markets enjoyed a sustained rally, ending the session on strength. The TSX rose over 1% on the momentum of weed stocks such as Canopy, popping 14.87% after reporting a better-than-expected quarter, Tilray 10.21% and […]

Tuesday saw both equities and the U.S. 10-year yield climb. The S&P added 0.84%, the Nasdaq 1.28% and the Dow 1.06% as the yield inched up to 1.961%. It may be a sign that stock buyers are accepting higher yields. […]

Markets bounced between red and green and closed modestly down to start the week. On Wall Street, the S&P closed -0.37%, the Nasdaq -0.58% and the Dow was flat. Gainers included Lyft, up 3.77%, travel names such as Royal Caribbean […]

Futures were green Friday morning until U.S. employment numbers came in better than expected, which pressured markets. However, stocks rallied by the close. The S&P finished 0.52% or up 2% for the week or 7% below its peak, the Nasdaq […]

Thursday markets sold off sharply, triggered by a record-breaking slide in Meta shares, down 26.62% after releasing a disappointing quarter and forecast. The S&P closed -2.44%, the Nasdaq -3.74% to fall below 14,000 and the Dow -1.46%. Tech stocks were […]

A slam-dunk report from Alphabet helped extend markets into a fourth-straight day of gains Wednesday. The tech giant reported a solid beat and a surprising 20-to-1 stock split. Shares jumped 7.7%. Wall Street gains were more modest than in recent […]

Markets on both sides of the border extended the wide gains of the two previous sessions into Tuesday. The session was choppy but picked up steam towards the end. Moreover, volumes were robust while the VIX slid 11.5% to 22. […]

Encouraged by surprisingly strong U.S. manufacturing numbers, markets on Wall and Bay streets jumped higher Monday, led by tech, and closed on strength. The S&P rallied 1.89% during the session, but lost 5.5% for January, the Nasdaq soared 3.41% but […]

After a weak open Friday morning, stocks on both sides of the border rallied and closed on session highs to conclude a wild week. Again, tech stocks were the focus as the Nasdaq barely climbed into the positive for the […]